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The following account balances come from the records of Ourso Company: Accounts receivable Allowance for doubtful accounts Beginning Balance $2,789 119 Ending Balance $3,722
The following account balances come from the records of Ourso Company: Accounts receivable Allowance for doubtful accounts Beginning Balance $2,789 119 Ending Balance $3,722 203 During the accounting period, Ourso recorded $11,850 of sales revenue on account. The company also wrote off a $131 account receivable. Required a. Determine the amount of cash collected from receivables. b. Determine the amount of uncollectible accounts expense recognized during the period. Answer is complete but not entirely correct. $ a Collections of accounts receivable 14,639 b Uncollectible accounts expense $ 334
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